Huawei to dispose its undersea cable business

China's Huawei to sell undersea cable business, buyer's exchange filing shows

Huaweiis poised to sell its majority stake in a submarine cable company, amid pressure from the USA to blacklist the company over spying fears.

Huawei declined to comment on the sale.

Liang accused the USA of inappropriate conduct, while at the same time striking a conciliatory tone - a response reflecting a level of exasperation now felt by the Chinese tech giant.

A Huawei logo is seen on the side of a building at the headquarters in Shenzhen, Guangdong province, China May 30, 2019. This is not to say that China is uniquely bad; most countries, including in the West, have similar "give us what we want and don't you dare tell anyone" laws, including the UK. "So, I don't know if there's opportunity to sign such an agreement".

"It is inappropriate to use political means to disrupt an industry", he said.

Huawei has risen to become the world leader in telecom networking equipment and one of the top smartphone manufacturers alongside Samsung and Apple. And President Trump was expected to discuss Huawei during his visit with Prime Minister Theresa May on Tuesday.

The U.S. Commerce Department imposed a trade band last month that threatens to choke off Huawei's supply chain to Google's Android operating system for phones and tablets, as well as silicon chips and components from various vendors, such as Intel and Arm.

Some experts both for and against the ban are concerned about the effect of its implementation on American companies. Suzanne Spaulding, who led DHS cybersecurity efforts during the Obama administration, faulted the Trump administration for not demonstrating "what specifically Huawei and China could do to overcome our security concerns". Last week, the company filed a legal motion in a US court to declare the Trump administration's efforts to ban its equipment as unconstitutional. The U.S has pressured other countries, such as the United Kingdom, to not use Huawei's gear as well for 5G networks.

Chinese telecom giant Huawei is willing to enter a "no-spy agreement" with the USA to back up its reassurances that it does not plan to harvest private data and industrial secrets. "This will only accelerate China's technological independence and end up impacting the USA economy longer term", warned Mark Weatherford, a former Department of Homeland Security cybersecurity official who's now a global information security strategist at Booking Holdings.

But Eman Liu, president of Huawei's global transportation business unit, said the company's aviation business was untouched so far.

The US-based engineering association had rolled out a ban on employees of the Chinese firm amid concerns about its links with Beijing.



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